Wazam to raise fund for high-end CCL Fushan industry park production base project
2021-01-21 11:59:34 [Print]
Zhejiang Wazam New Materials Co
. , Ltd . (Wazam) announced on January 20 that it plans to raise no more than 570 million yuan (88 . 18 million U . S . dollars) through public issuance of convertible bonds, and the net proceeds (issuance expenses deducted) will be used for its high-end copper clad laminate (CCL) Fushan industry park production base project with an annual production capacity of 24 million pieces and to supplement working capital.